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News Release | U.S. PIRG | Higher Ed

Student Group Releases New Report on Textbook Prices

Earlier today, U.S. PIRG released a new report investigating the real impact of high textbook prices on today’s students. The report, titled “Covering the Cost,” is based on a survey of nearly 5,000 students from 132 institutions.

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Report | U.S. PIRG | Higher Ed

Covering the Cost

A report explaining why decision-makers can no longer afford to ignore high textbook prices.

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News Release | U.S. PIRG Education Fund | Democracy

Movement to Fight Big Money Sets Sights on State, Local, and Federal Reforms in 2016

On Monday, U.S. PIRG and a coalition of six national organizations released “Our Voices, Our Democracy: Victories Since Citizens United and the Road Ahead Empowering Voters Over Wealthy Special Interests"

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Blog Post | Public Health

The Flint Water Crisis: What You Need to Know | Anna Low-Beer

With President Obama clearing the way for federal aid in Flint, Michigan last month, the water crisis is receiving immediate attention. The city was badly in need of a short-term fix, but what about the future of affected Flint citizens?

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News Release | U.S. PIRG | Tax

Bank of America settlement loophole creates at least $4 billion burden for taxpayers

 The Justice Department allows Bank of America to write off most of its legal settlement for mortgage abuses as a tax deduction, shifting at least $4 billion back onto taxpayers.

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Media Hit | Tax

Bank of America’s $16 Billion Mortgage Settlement Less Painful Than It Looks

“The American public is expecting the Justice Department to hold the banks accountable for its misdeeds in the mortgage meltdown,” said Phineas Baxandall, an analyst with the U.S. Public Interest Research Group, a consumer advocacy organization. “But these tax write-offs shift the burden back onto taxpayers and send the wrong message by treating parts of the settlement as an ordinary business expense.”

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News Release | U.S. PIRG | Tax

Taxpayers could be burdened with Bank of America’s upcoming Justice Department settlement

To understand how significant the BoA settlement really is, people need to ask how many billions the bank is allowed to write off as tax deductions, and how much of the announced figure includes ‘fake costs’ — costs the bank would have incurred anyway to protect its bottom line.

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Media Hit | Tax

Charlotte Observer top article features settlement loophole

Feature article quotes U.S. PIRG to discuss how banking giant may leave taxpayers with part of the bill for their mortgage abuses.

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News Release | U.S. PIRG | Consumer Protection

U.S. PIRG’s Christine Lindstrom Testifies before U.S. Senate Banking Committee on Campus Debit Cards

U.S. PIRG Higher Education Program Director Chris Lindstrom testified before the Senate Banking Committee today on campus banking issues, private student loans and other issues concerning financial products on campus.

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Blog Post | Health Care

The Supreme Court and the High Cost of Rx Drugs

Everyone knows prescription drugs cost much more than they should. But many people are surprised to learn about one of the key ways drug companies keep prices high: Paying off competitors to keep generics off the market. On Monday, the Supreme Court heard arguments in a case about this very practice.

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Blog Post | Higher Ed

Students to Congress: Don’t Double Our Rates | Chris Lindstrom

Earlier this week, the Education and Workforce Committee in the U.S. House held a hearing to purportedly “strengthen” the federal student loan program. Sadly, the proposals put forth by leaders in the hearing do anything but help solve the problem of high cost federal student loans. What the hearing did do was serve as a grave reminder that on July 1, student loan interest rates on subsidized Stafford student loans will double from 3.4 percent to 6.8 percent—driving up the cost of higher education for 8 million students by $1,000 per loan.

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Blog Post | Public Health

Meat Industry Admits: We Need Food Safety Inspectors | Nasima Hossain

We’ve already written about the impact that sequestration’s across-the-board cuts will have on food safety. Consumers are understandably troubled, and now it seems that even the meat industry is concerned enough about this problem to write to the President.

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Blog Post | Public Health

Dangers on Our Dinner Tables | Nasima Hossain

Sequestration is one of the hottest topics in D.C. right now, but one consequence that has been largely overlooked is the impact that these budget cuts would have on our dinner tables and our health.

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Blog Post | Consumer Protection

Senators Hold CFPB Director Hostage, Roil Markets | Ed Mierzwinski

On Friday, most Senate Republicans again sent the President a letter saying they would not confirm Richard Cordray to a full term as CFPB director unless the agency's powers and independence were first gutted. Their intransigence contributes to market uncertainty that ignores at least three things: The CFPB is here to stay; the public wants the CFPB; and, banks lose to payday lenders if the director is not confirmed.

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DEFEND THE CFPB

Tell your representative to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

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